Puerto Rico's power authority PREPA is likely to receive an extension of vital lines of credit it uses to buy oil, a financial industry executive says.» Read More
TAIPEI, April 22- Taiwan's premier has rejected opposition demands to halt construction of a controversial atomic power plant, sparking threats of street protests from anti-nuclear campaigners.
DETROIT, April 17- The federal judge overseeing Detroit's historic bankruptcy case has revived the idea of a regional water authority and also suggested the city may need court oversight after it emerges from bankruptcy.
OKUMA, Japan, April 18- The manager of the Fukushima nuclear power plant admits to embarrassment that repeated efforts have failed to bring under control the problem of radioactive water, eight months after Japan's prime minister told the world the matter was resolved.
The order by Judge Steven Rhodes comes after Detroit said in a court filing earlier this week that it had dropped the concept of a Great Lakes Water Authority from its plan to adjust $18 billion of debt and other obligations and exit from the biggest municipal bankruptcy in U.S. history.
April 16- Australia's greenhouse gas emissions fell 0.8 percent in 2013, according to government data, driven by lower electricity demand and a bigger share of renewables in the energy mix. Despite the cuts, Australia's emissions per capita stand at 23.2 tonnes, among the highest in the world and nearly four times more than China.
The lawsuit, filed on Monday afternoon, sought civil damages, a public apology and data from water quality testing in the past year from Lanzhou Veolia Water Co., a local unit of French firm Veolia Environment, according to the Modern Jinbao newspaper, citing Wu Tianying, one of the Lanzhou residents who filed the suit.
Sarbjit Nahal of BofA Merrill Lynch says that within a few years, demand for water will exceed supply. He advises on how to invest in the sector.
PRAGUE, April 14- The Czech Republic wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units and believes the European Union should be more supportive of atomic power, Industry Minister Jan Mladek said on Monday.
SATSUMASENDAI, Japan, April 14- On the main road leading from the Sendai nuclear plant in southern Japan, a construction crew is laying down asphalt to widen the evacuation route in the event of a future disaster.
TOKYO, April 11- Japan's Cabinet on Friday approved a new energy policy, reversing the previous government's plans to gradually mothball nuclear power plants following the 2011 Fukushima disaster.
SAN FRANCISCO, April 9- California air regulators on Wednesday issued the first carbon offset credits for a forest protection project, credits that power companies and others large emitters can use to meet their compliance obligations under the state's greenhouse gas reduction program.
Philippe Capron, CFO of Veolia Environment, says waste water treatment in the mining and metals sector is "promising and lucrative."
TOKYO, April 9- Since March 2011, Japan's government has focused on the cost of cleaning up after Fukushima, the worst nuclear accident since Chernobyl. While their reactors have been idled, Japan's nuclear plant operators have had to spend around $87 billion to burn replacement fossil fuels.
April 7- James River Coal Co filed for Chapter 11 bankruptcy protection after struggling with a steep drop in prices and demand for both thermal and steel-making coal. Coal companies have also been hit by President Barack Obama's push for stricter regulation of greenhouse gas emissions by the Environmental Protection Agency.
US sailors are suing a Tokyo utility that operates the Fukushima Dai-ichi nuclear power plant, alleging it lied about radiation levels in the area.
NISKAYUNA, New York, April 7- Carbon dioxide, used for years to force crude oil out of old wells, likely will not replace water in fracking anytime soon because of technical challenges and limited infrastructure, says General Electric Co, which is studying the issue under a $10 billion research program.
*Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.
With cloud-based software platform, Opower debuting its IPO at the NYSE Friday, Daniel Yates, CEO, weighs in on the software and utility revolution.
WASHINGTON, April 3- The U.S. Commodity Futures Trading Commission plans to ease its new swaps rules to help public power utilities using swaps to hedge price risk, the head of the derivatives regulator said on Thursday.
April 2- A plan being discussed to reorganize power company Energy Future Holdings Corp will all but wipe out the investments of owners KKR& Co, TPG Capital and Goldman Sachs Capital Partners, Bloomberg reported.
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